Secretary Dong, what is the current production capacity of lithium iron phosphate that the company has put into production? What is the domestic industry ranking and market share? Thank you

Fulin Precision: Hello, the company's Jiangxi Yichun base has an annual production capacity of 12,000 tons, Shehong Phase I has an annual production capacity of 60,000 tons, and the Shehong Phase II under construction has an annual production capacity of 80,000 tons. It is expected to be put into production at the end of September. After reaching full production, the subsidiary Jiangxi Shenghua Lithium Iron Phosphate will have an annual production capacity of 152,000 tons in the short term. The production capacity will be further expanded, which will effectively enhance the company's comprehensive competitiveness in lithium battery cathode materials and further consolidate and enhance its market position. Thank you for your attention!